$135,186

Prime Student Accommodation Investment This well-maintained property is a fantastic investment opportunity. It is currently operating as student accommodation. It features 12 bedrooms in total, comprising an 8-bedroom single unit and a 4-bedroom sharing unit, making it ideal for student living. The property includes 3 shared bathrooms and a fully equipped kitchen with 2 microwaves, 3 fridges, 2 four-plate stoves, a washing machine, and a two-plate gas stove, providing a comfortable communal space for tenants. A secure outdoor shack is also perfect for extra storage or utility use. Key Features: - Reliable Power: 3kVA hybrid backup system ensures no disruptions. - Eco-Friendly Hot Water: 150L solar geyser for sustainable living. - Advanced Security: - CCTV monitoring - Electric fencing - Alarm system with panic buttons for peace of mind - Fully Furnished: Every room is move-in ready, offering comfort and convenience. - Backup Water Supply: Never run out of water with a backup tank and pressure pump. Accreditation: NSFAS accredited, making it accessible to students with financial aid. Situated close to all essential amenities, including shops, public transport, and educational institutions, the property’s location is highly convenient for students. It offers strong rental demand, ensuring consistent occupancy and a steady income stream. This is a rare opportunity to acquire a well-looked-after property in a high-demand area with excellent potential for returns. It is perfect for any investor looking to capitalize on the booming student accommodation market!

Amenities

• Bedrooms: 12
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: Residential
• Home size: 3,304 ft² / 306.95 m²
• MLS: RNR21098
• Status: Active